China’s increasing production of paraxylene will reduce imports from South Korea and Japan, putting pressure on freight rates on intra-Asia routes in 2021. Paraxylene is the second-largest organic chemical carried by chemical tankers. In 2020, paraxyle…
China’s self-sufficiency in paraxylene to impact chemical shipping market in 2021 Read More »
With the softening of peak LNG winter demand in Asia, we believe the spotlight is back on supply and demand fundamentals of LNG shipping. LNG spot prices have nosedived after surging in December and early January as winter demand is receding. LNG spot …
Why are LNG shipping stocks retreating after a brief surge? Read More »
Initiative to support South European shipowners and operators in navigating compliance around impending EEXI requirements. Lloyd’s Register (LR) has opened a decarbonsation advisory centre in Athens, Greece, to assist its clients in meeting current and…
LR launches decarbonisation advisory centre in Greece Read More »
The recent development of replacing coking coal with hydrogen in crude steel production has created a buzz that coking coal might soon be out of favour. For dry bulk operators this is a potentially negative development, but is this really the case? Nip…
Hydrogen replacing coking coal – should owners of dry bulk ships take note? Read More »
Bunker suppliers expect significant weather delays in the Houston area in the coming days, as thick fog has reduced visibility and led Houston Ship Channel to close for vessel traffic. The channel has been shut since Monday, with vessel traffic blocked…
ENGINE: Americas Bunker Fuel Availability Outlook Read More »